“Palo Alto Networks (PANW Stock) 1,400% In 10 Years -- What Comes Next In the AI Era”
PANW valuation is high (nearly 70x FCF/share) and profitability is pressured by dilution/acquisitions; patience recommended.
We're going to talk about Palo Alto Networks in particular. They are the biggest of the three, ticker symbol PANW. We're coming up actually on a decade of owning this stock. So, this is a bit of an earnings review after Q4 fiscal year 2026, but let's call it like a 10 years later review on this.
Especially now, shares are up well over 100% since March, early April, around the time of the cloud mythos moment and investors deciding actually cybersecurity is going to be a major beneficiary of AI, not a top disrupted software industry by AI.